Leonardo Gambacorta

Leonardo Gambacorta

Head, Innovation and the Digital Economy
Monetary and Economic Department

Leonardo Gambacorta is the Head of the Innovation and the Digital Economy unit at the BIS. Before taking up his current position, Leonardo was Research Adviser (2014-2018) and Head of Monetary Policy (2010-12) in the Monetary and Economic Department. Previously, he was Head of the Money and Credit Unit (2007-09) and Head of the Banking Sector Unit (2004-06) of the Research Department of the Bank of Italy. He was a visiting scholar at the National Bureau of Economic Research (2002-03). He holds an MSc in Economics from the University of Warwick and a PhD in Economics from the University of Pavia. His main interests include monetary transmission mechanisms, the effectiveness of macroprudential policies in curbing systemic risk, and the effects of technological innovation on financial intermediation. He is a research fellow of the Centre for Economic Policy Research.

Fields of interest

  • Finance
  • Monetary policy
  • Central banking